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Listed by Benjamin Benoit, DRE #02105802 • Premier Agent Network
$ 2,890,000
Est. payment /mo
Active
13811 Arthur Paramount, CA 90723
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26158673
Year Built 1958
Lot Size 0.372 Acres
Source California Regional MLS
Property Description
Exceptional opportunity to acquire a well-maintained 9-unit multifamily property in the strong rental market of Paramount. Built in 1958, this pride-of-ownership asset offers approximately 7,434 square feet of improvements and a desirable 19-bedroom unit mix, providing stable in-place income with additional rental upside. Six of the nine units have been updated within the past decade, while separately metered gas and electricity help reduce owner expenses. The property also features 18 assigned on-site parking spaces, enhancing tenant appeal and long-term value. Conveniently located near major freeways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand. An excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and value-add potential, including those completing a 1031 exchange. Financial information, rent roll, and pro forma available upon request.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Multi Type
Cooling Window / Wall Unit
Laundry Laundry Area, 30
Exterior
Parking Features Assigned Spaces
Pool None
Building
Water District - Public
Others
Tax ID 6242022001
Special Listing Condition Not Applicable
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